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NJ Spotlight News | Business Report: Child care grants | Season 2022

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Grants of up to $200,000 available for improvements to licensed child-care centers
The PBS NewsHour Business Report discusses several key economic issues. It highlights the ongoing negotiations between the United Auto Workers (UAW) and the Big Three automakers—Ford, General Motors, and Stellantis—as the current contract is set to expire, with workers demanding better wages and benefits amidst the transition to electric vehicles. The report also covers the Federal Reserve's decision to keep interest rates steady, reflecting a cautious approach to managing inflation while monitoring economic growth. Additionally, it touches on the impact of the resumption of student loan payments on consumer spending and the broader economy, with many borrowers facing financial strain. Finally, the segment reports on a significant drop in oil prices due to concerns about global demand, which could affect energy stocks and overall market performance.

Read the Full PBS Article at:
[ https://www.pbs.org/video/business-report-1668545043/ ]